I like that idea. I haven't played with calender spreads much but I'll have to look into that with one of my next few articles. What type of calender spread would you go with if you were looking into opening a Facebook position today?

I don't see a pre-election rally either but it wouldn't surprise me in the least and I wanted to be sure to outline all the risks. Bernanke and company would want Obama back in office and he'll do everything in his power to make sure that happens, which may mean something to boost short term markets (whether QE will provide that boost or not is another topic of discussion).

3 Stocks Trading Around $3 That Could Be Poised To Double [View article]

Enjoyed the article. The only thing I'd disagree with is Pizza Inn. Before delving into numbers the biggest thing I look at for a company is how well it seems to be performing to the naked eye. From what I've seen Pizza Inn seems to be closing older locations same store sales look to be down since traffic seems to have decreased. Of course none of this is backed by solid numbers, just conjecture based on what I see at physical stores I've been going to for years. Nice to see a different perspective though!

I completely agree a few successes can and will lead to a big head. That's actually how I started. I began with binary option trading and ended up making a pretty good return on my first few trades. Luckily I withdraw the money I initially invested before I got killed about a week later. In my opinion, it was a good experience. No better way to learn the risks than find yourself on the wrong side of the consequences.

Hopefully when someone loses a ton of money, it's money they can afford to lose, but that's their responsibility!

Good commentary. I do agree that everyone should do their own homework but I think articles like this help more so than reading books. For example, I learned everthing I know about options simply by reading similar articles and then playing with the spreads. While it's not necessary to put real money at risk to do so, I think the only way to LEARN is to play with the options with something like a demo account. This article and others (that are similar) are just giving people a place to start.